Questions Concerning the Value of Cryptocurrencies
This is a combined repost of two previous blog posts titled “Are Cryptocurrencies Backed by Nothing?”. If a technology holds the potential to disrupt the structure and authority of an entire monetary system, and if it is capable of reorganizing the...
Everyone Is Hoarding Gold
Authored by Tom Lewis via GoldTelegraph.com via reposted from Zerohedge The tiny nation of Kyrgyzstan has big plans. Caught between its giant trading partners, China and Russia,Kyrgyzstan is stockpiling gold. It wants to increase gold from 16 percent to 50 percent...
Gold and the U.S. Dollar – An Inversion of an Inversion
The latest forecast released last Monday from America’s second-largest bank–Bank of America Merrill Lynch (BAML)–was a bit unusual. BAML projected both strength in the US Dollar and precious metals. Why is this so unusual? The dollar and gold typically...
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